Lyman County, SD · Sold

SD-377066

2346 County Road 158

$463,600

$2,522/ac · 184 ac

Offer report Market this tract

Acreage184 ac

Price per acre$2,522/ac

ZoningResidential

Road accessDirt

UtilitiesPower at road

TopographyFlat

ListedJan 26, 2026

Coordinates43.8958, -99.8411

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County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Lyman County, South Dakota. West River grazing and Black Hills recreational parcels.

View Lyman market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index

Low risk

Wetlands13.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope0.6%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

3,469 ft of deeded road frontage.

Power76 ft away

Power at or near the road.

Buildable area151.59 of 183.84 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$338,874

$243,989 – $433,759 · $1,843/ac on 184 ac

Asking vs estimate

+36.8%

Priced above the comp set

Weighted from 10 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $463,600

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$193,642

$1,053/ac · +30.0% target margin

You need $269,958 off asking to hit this margin.

All-in cost$210,102

Net resale$311,764

Projected profit$101,662

ROI+48.4%

Annualized+69.3%

Break-even resale$1,242/ac

Profit if resale lands off target

-20%

$39,310

-10%

$70,486

$101,662

+10%

$132,839

+20%

$164,015

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
SD-347152 Dirt · Off grid	195.7	Jul 21, 2026	$380,100	1,943	2,332	4.2 mi	88
SD-287291 Gravel · Power at road	216.4	Feb 25, 2026	$295,500	1,366	1,253	7.0 mi	85
SD-896610 Landlocked · Full utilities	132.1	Jul 5, 2026	$183,000	1,385	1,320	6.7 mi	78
SD-667011 Gravel · Power at road	176.7	Dec 6, 2024	$252,700	1,431	1,304	4.8 mi	76
SD-817168 Dirt · Full utilities	197.9	Jan 21, 2025	$470,300	2,376	2,119	6.3 mi	76
SD-997788 Paved · Power at road	310.2	Nov 30, 2025	$468,900	1,512	1,316	3.8 mi	74
SD-827727 Dirt · Power at road	296.8	Aug 17, 2024	$658,300	2,218	2,754	6.4 mi	74
SD-715805 Gravel · Full utilities	73.7	Jul 27, 2026	$213,200	2,891	1,620	7.1 mi	71
SD-317671 Paved · Power at road	285.0	Oct 25, 2024	$764,100	2,681	2,380	3.3 mi	71
SD-506479 Paved · Off grid	120.2	Mar 24, 2025	$312,000	2,596	2,104	3.9 mi	69

Show adjustment detail for the top comp

Tract size (195.66 ac → 183.84 ac)+1.7%
Utilities (Off grid → Power at road)+17.6%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.

Build the listing kit Post a deal or JV